prudentinvestor

prudentinvestor | Joined since 2013-05-10

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User Comments
Stock

2023-03-30 11:27 | Report Abuse

Rarely closed above 35 sen for the past one year. Really disappointing.

Stock

2023-03-30 11:08 | Report Abuse

No speculative play on this counter for about a year already. Hope the uptrend could continue for a few more days.

Stock

2023-03-29 17:10 | Report Abuse

Another half a sen to 35 sen. Hopefully 35 sen is a thing of the past after tomorrow.

Stock

2023-03-29 15:18 | Report Abuse

Last year, they made the announcement on the 28 April. Should be about the same time this year. Then you will know the ex and payment dates of the 25 sen dividend and the closing date for the subscription of DRP shares.

Stock

2023-03-29 14:43 | Report Abuse

Without support from big players, even 35 sen is a big obstacle to overcome.

Stock

2023-03-29 12:46 | Report Abuse

Maybank dan Public Bank sudah pun buat bayaran dividend, CIMB pun akan bayar dua minggu lagi. Hanya RHB Bank, pelabur masih belum tahu bila akan dapat bayaran 25 sen sesaham.

Stock

2023-03-29 10:21 | Report Abuse

"Remember dont cry mother father when bank fail - shareholders INSTANTLY wiped out"
FearMakers, Mad Man spewing out nonsense again. When Maybank fails, the value of the money you hold would be worthless. $1 = RM 100,000,000,000,000

Stock

2023-03-28 23:08 | Report Abuse

@MoneyMakers
"Bank failure not disaster
Gov will bailout (like SVB/Credit Su) - nobody lose job/bank deposit safe
Only shareholder lose everything"
Why was the world hit by recessions in 1997/98 and 2007/08 if bank failures were not disastrous?
Banks are mainly owned by ASB, PNB and other government institutions and deposits are placed by rich people like you. Who do you think the government would help?

Stock

2023-03-28 22:57 | Report Abuse

@MoneyMakers
"Aiyoyo @Prudentinv u think 25% return in 3yrs good meh??"
25% return during three long pandemic years is nothing but impressive. If you had bought Genting in early 2020 at RM5.15, you would have lost money even if you include the dividends. Maybank made over RM20 billion during these three years, how much did Genting make?
"Nonstop brag like crazy..may seem alot to newbies but really quite pitiful"
You nonstop claimed banks would fail and shareholders would lose all their money. I have only replied to some of your crazy claims. Just tell me which bank would fail first and when?

Stock

2023-03-28 21:42 | Report Abuse

@speakup, some nuts think Maybank might fail one day and investors would lose everything, meaning dropping to 0 sen.

Stock

2023-03-28 21:23 | Report Abuse

I am hoping for the day when Maybank drops to 0 sen to come. Can you tell me the date when this will happen?

Stock

2023-03-28 21:19 | Report Abuse

I have held Maybank shares for just over three years. Bought at around RM8.50 a share and by today have already received dividends amounting to RM2.07 a share. How much have you made from your investments in Genting?

Stock

2023-03-28 17:27 | Report Abuse

Apple's market capitalization is over $2.5 trillion, several times Bursa's total market capitalization and more than 500 times Genting's.

Stock

2023-03-28 16:36 | Report Abuse

Not every one knows. If his pay is tied to the companies' earnings, then it is more acceptable.

Stock

2023-03-28 15:43 | Report Abuse

@Destinyl, MoneyMakers, RWG.

Stock

2023-03-28 15:35 | Report Abuse

Some Genting promoters predicted an imminent bank collapse in this country a few days ago that would result in bank investors losing all their money. I am having a good laugh today.

Stock

2023-03-27 16:55 | Report Abuse

I suppose after receiving their share options, Maybank employees would work harder and help the company improve its earnings by over 3.5%.

Stock

2023-03-27 16:36 | Report Abuse

Cannontaneng, you could have received more than RM500,000 in dividends if you had invested in Maybank.

Stock

2023-03-27 16:15 | Report Abuse

When investing in bank counters like Maybank, RHB Bank , Public Bank etc, one should take a long term view. I won't sell my RHB Bank shares now irrespective of whatever happens to banks in Europe and the US. RHB Bank has solid earnings since 2010, with highest eps achieved in 2014 at 79.7 sen and the lowest the following year at 24.2 sen. The average eps over the past 13 years was 58.4 sen.

Stock

2023-03-27 15:14 | Report Abuse

A RM2.9 billion gain on disposal of Miami property works out to a gain of over 70sen a share. I thought Genting would rise by at least 20 to 30 sen a share this morning.

Stock

2023-03-27 14:37 | Report Abuse

AnInvest's target price for Maybank is RM9.80, not RM8.43. Otherwise it should be a hold call, not a buy call.

Stock

2023-03-27 11:28 | Report Abuse

CPO price has dropped from over RM6,000 a ton a year ago to just over RM3,500 today. Profit will suffer big drops.

Stock

2023-03-27 09:50 | Report Abuse

Bank counters are supposed to be the safest investments on Bursa. They really are.

Stock

2023-03-27 09:22 | Report Abuse

Quickly grab whatever is available before the fire sale is over.

Stock

2023-03-25 16:40 | Report Abuse

These days, it is even a big problem for MRCB to breach the 35 sen resistance level and stay above that level for a few days.

Stock

2023-03-25 15:56 | Report Abuse

If the company decides to compensate investors for the loss of dividends in 2020 and 2021 and declares a 26 sen a share final dividend, then it is worthwhile to buy at this price.

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2023-03-24 15:56 | Report Abuse

Looks like DRP subscription price is going to be less than RM5. It was RM4.97 last time.

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2023-03-24 11:54 | Report Abuse

Should buy more if you have the money.

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2023-03-24 10:49 | Report Abuse

@MoneyMakers
@Prudentinv Got old saying - ‘high interest rate good 4 banks until they’re not’
Bank Negara raises OPR in a measured manner, 4 times over the past year and by only 25 basis points each time, unlike in some countries where interest rates could be increased by 10% to defend their currencies and to fight hyper inflation.

"Go learn higher level economics & will understand how high interest rates destroy/collapse bank"
Rate increases are likely to come to an end before the end of this year. Probably another two increases at the very most. How would these result in bank failures/collapse?

Stock

2023-03-23 22:04 | Report Abuse

@MoneyMakers
"wont save u when bank crisis hit (high interest rate = bad 4 banks)"
Banks are benefiting from higher interest rates. DBS Bank has seen its profits surge from higher interest rates. Wonder where you studied economics.
"Wait & see lo if bank collapse this yr - very high risk"
Don't worry about bank collapse. Genting has a much, much higher chance of collapsing.
https://www.reuters.com/business/finance/singapore-bank-dbs-q4-profit-soars-68-flags-robust-outlook-2023-02-12/

Stock

2023-03-23 21:13 | Report Abuse

Harimau is a wild beast but this one is domesticated. This Harimau gives us money twice a year and is the darling of many people.

Stock

2023-03-23 20:55 | Report Abuse

@MoneyMakers
"Gdluck lo hodl banks"
I don't invest in Maybank and then pray that luck would be with me. I have 100% faith in my investment. You should pray that PN doesn't win the next GE, meaning your investment is risky. Don't worry about bank failures in Malaysia, let alone Maybank failure. It is a figment of your imagination. Instead worry about Genting, worry when it can earn over 70 sen a share and pays 60 sen a share in dividend yearly.

Stock

2023-03-23 18:00 | Report Abuse

I bought Maybank at around RM8.50 a share and Genting at RM5.15 just over 3 years ago. To date, Maybank has already paid me RM1.77 a share in dividends and another 30 sen would be paid tomorrow. I disposed of Genting over a year ago for a small loss and switched to Maybank. I don't know how much Genting has rewarded its shareholders but it should be less than 25% of what Maybank pays its shareholders. It should be very obvious to everyone which counter is a better investment.

Stock

2023-03-23 17:46 | Report Abuse

@MoneyMakers
"Aiyoyo bank negara force merger means bank fail lo"
No bank had failed. It is your warped opinion. Name me one bank in which the shareholders lost all their investments. In fact smaller bank shareholders had been offered prices higher than their banks' net book values.
With political uncertainty and PN gaining support, the riskiest time is to own a casino counter. Banks are very, very unlikely to fail in this country but casinos/gaming outlets can be closed anytime.

Stock

2023-03-23 16:47 | Report Abuse

MRCB has performed very badly for over 2 years. Its share price has never closed above 40 sen for over a year, its worst performance in over 30 years. Hope it can do better in the coming months.

Stock

2023-03-23 15:09 | Report Abuse

Trading at a PE of less than 10 and a dividend yield of almost 6%, Eco World Dev is not a bad company to invest in.

Stock

2023-03-23 15:03 | Report Abuse

@MoneyMakers
"@Prudentinv MY got many failed bank in 1997 crisis - merged under MBB/PBB/CIMB"
There was no bank failure per se in Malaysia during the 1997 financial crisis. After the crisis, Bank Negara directed big banks like MBB to take over/merge with smaller banks so that the merged banks were stronger and more efficient and hence more competitive.
"Coming bank crisis - gov takeover everything like in US/Switz (shareholder 100% loss)"
I won't say it would never happen but is highly unlikely. Do you think the government would allow ASB to lose all its money? You are highly imaginative.

Stock

2023-03-23 12:59 | Report Abuse

"@Prudentinv No use see history
Credit Suisse (170 yrs) / SVB (40 yrs) / silvergate bank (30 yrs) / signature bank (20 yrs) - all sudden collapse no warning (shareholder 100% loss)
Switz gov even bypass ‘shareholder vote’ - forcesell credit suisse"
@MoneyMakers, I asked you if there was any collapse of Malaysian banks which resulted in shareholders losing all their money in the past 40 years. Why did you keeping harping about foreign banks? Don't avoid my question.

Stock

2023-03-22 21:56 | Report Abuse

"Once bank crisis start, gov immediately takeover (delisted) - shareholder total loss
Basically 100% loss within days - somemore without warning (nobody know bank trouble until too late)"
@MoneyMakers, Can you give one example of bank failures which occurred in Malaysia over the past 40 years and which resulted in shareholders losing all their money?

Stock

2023-03-22 21:11 | Report Abuse

"...if you believe, it's 165,121.50 haha :p"
@stkoay, your investments in Maybank alone is already worth over RM4.6 million. That is a very substantial amount of investment. Wah, orang kaya!

Stock

2023-03-22 17:13 | Report Abuse

Many investors have already priced in a 25 basis point rate hike. Should this expectation materialize, the market shouldn't be adversely affected. No rate hike would be good for the market.

Stock

2023-03-22 16:49 | Report Abuse

Doesn't seem like Fed would raise interest rates tonight. Hopefully more upside tomorrow.

Stock

2023-03-22 15:37 | Report Abuse

IBs issue price calls based on fundamentals but very often some counters shoot up not because of fundamentals but speculative play.

Stock

2023-03-22 14:45 | Report Abuse

Maybank doing well today. Best performing bank stock today certainly goes to Maybank. More good news ahead.

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2023-03-22 11:52 | Report Abuse

Small shareholders should make some noise occasionally, otherwise major shareholders might think that we are happy with the way they manage the company.

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2023-03-22 10:50 | Report Abuse

Those who had bought at below 70 sen just two weeks ago are now laughing to the banks. Those who had bought over the past few trading sessions, thinking it may go up further better tread cautiously.

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2023-03-21 21:56 | Report Abuse

Since Keck Seng is so cash rich, it should distribute all it earns as dividend.

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2023-03-21 12:34 | Report Abuse

Glove investors should pray hard for another more serious pandemic to strike. Otherwise no more hope.